Came to know a group of speculators over the weekend. After some conversation, I am convinced that this counter MLAB is a hidden gem for weeks to come and it is only for those who are good at this kind of corporate exercise, they mentioned some counters like ICON, VIVOCOM (the most recent one), even they made money from NETX rights! On MLAB, they hinted me on number of shares issued, the ratio of rights and warrants, and also Market cap now and after ex rights, now only RM27.0! Well, I have done my calculation!!!
Tan shit ate pulling down the price to shake some1 out maybe...but...hahahaha.... I will put there for several years...i want to challenge this piece of shit....i scare the price up instead of down...bcoz i scare i will sell it after up...hihihi...cont throw...i want to see...
City hubter... Elite mentality... Looks like the money invested you already give up, the rest over there is to fulfil your wish to see tan shit ate game plan. Elite elite... People like this will not lose money. Take your profit in the next few daysss
This counter will give you huge returns/profits after ex tomorrow onwards. People are collecting for the past few days. Very likely up further just before closing today. I just done some calculation, assuming after ex and due to small quantity of share issued, 125 mil only, it will easily pushed up from the ref price, maybe close to 20.0 sen, it is very possible, then the OR will be listed at very good price too, 5 sen or more maybe, bear in mind that you will get 6 OR for every share you have cum ex! Good luck Guys! Cheers!
If today push up to 25cts....then exprice will be at least 17 cts tomorrow...and if like Netx...will down to 9cts ri price....slowly....then push up and down like Netx ...can play contra intraday...
They might push up to entice people to subscribe if it drop some more b4 RI X, then you can try to get some at low and sell when they push. must be alert and flexible. Or later after RI if market condition good the management might play up also like Netx, make profit run dont invest in this type of company. good luck..
Today Closed @ 0.24, so tomorrow’s reference price or so called ex price will be just 10.0 sen. The calculation is as follow:
(0.24*2 + 0.09*12 + 0.09*7)/21 = 0.1043
For share price below RM1.00, every bid is 0.5 sen or RM0.005, so it will be fixed at RM0.10 as reference price tomorrow.
So not 11.0 sen or 12.0 sen, just 10.0 sen. BUT no worry, a lot of people will be very very happy to see if sell bid at 10.0 sen, I will be the first one to jump in!!!
At this juncture, only 125 mil shares in market, can easily push it up to at least 15.0 sen! Furthermore, rights px 9.0 sen, it has to be attractive enough to encourage/entice people to subscribe the rights. 15.0 sen or 20.0 sen ??? Do guess, haha …. (BTW, Mr. Tan’s group of companies : XOX, DGB, FINTEC, NETX are all UP! Today)
For OR listing on 16/11, how much it worth? IF closing on Friday is 15.0 sen, then theoretically :
(0.15-0.09)+ 7/12*(0.15-0.09)= 0.095
Just be little conservative, says it closes on Friday @ 13.0 sen, then for OR reference price on Monday it will be :
(0.13-0.09) + 7/12*(0.13-0.09) = 0.0633, but only considered as 0.06 here.
Hi, im newbie here. Just wanted to understand what's happening to this counter? I understand there was a share consolidation. But today the price drop to almost 50%, the number of shares still remain. The money just evaporated? or I need to subscribe something else in order to get back to my capital level?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
setia2u
971 posts
Posted by setia2u > 2020-11-09 09:42 | Report Abuse
Came to know a group of speculators over the weekend. After some conversation, I am convinced that this counter MLAB is a hidden gem for weeks to come and it is only for those who are good at this kind of corporate exercise, they mentioned some counters like ICON, VIVOCOM (the most recent one), even they made money from NETX rights! On MLAB, they hinted me on number of shares issued, the ratio of rights and warrants, and also Market cap now and after ex rights, now only RM27.0! Well, I have done my calculation!!!